Trade in intermediate goods as one possible link between rising trade and foreign direct investment is examined. To explain growing intermediate goods trade, three hypotheses are brought forward: outsourcing, global sourcing and the increasing importance of MNE networks. These hypotheses are...

The geography of globalization -- Theorizing the politics of space -- Serving transnational capital -- Constructing the glocal transnational capitalist class -- Selling exports -- Imagineering world cities -- Conclusion